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only 15 other countries, china, wall street firms were bidding on the debt. now you know if you have an auction at your house and 100 people show up you're probably going to do a lot better in terms of the deal than if 15 people show up. so the cost of money where we run into problems and where congressman paul is right, if we don't deal with this the cost of money is going to wipe out any spending, any tax increases, anything else. we have to -- we can't be greece, we can't be spain. and have our debt equal our gross domestic product. host: from texas. good morning. caller: good morning. i'm so tired of all this immigration stuff and we've got to take care of the mexicans and stuff. how come you all don't find a solution to keep them from coming up here to begin with? and find out why they're all running from mexico. if they're such great people why don't they fight for their own freedom down there instead of trying to come steal our kids' livelihood? host: part of the two-point debate over immigration. those who are here and also border security. guest: again, that's why if you loo
. state-sponsored computer hacking of american companies by china. well, tonight it's the news media itself under siege, including some very big names. our report from nbc's pete williams. >> reporter: the "new york times" says hackers have been attacking its computer system for the past four months. even managing to get passwords for individual reporters. the paper says its own security experts and the fbi traced the intrusions to hackers in china who it says were employing techniques associated in the past with hackers from the chinese military. another newspaper, "the wall street journal" says it too was hit by chinese hackers who apparently wanted to monitor its china reporting. no attempt, the journal says, to steal customer data. in beijing, a spokesman for china's foreign ministry conveys any suggestion that the chinese were involved, quote, irresponsible. but "the times" says the hack attack coincided with a series of stories it posted on its website, which reported that relatives of china's prime minister had amassed a fortune worth several billion dollars through business d
carlson. breaking news overnight, and new report says china military has stolen important data from hundred target. they beefed up the military and hacking capabilities. should we be cutting ours? >> steve: more good nice, gas prices got hiked up for the 33rd day in a row. prices continue to soar, washington continues to stay silent. when can we expect in relief i ask. eric bombing. >> eric: if s your gun stored in a safe place? the new law that let's cops search legal gun owners who haven't broken any laws. fox and friends starts right now. >> gretchen: brian is extending his holiday weekend for another day. we have eric bombing sitting here. >> steve: can you believe it. a former oil trader on the couch and first, let's start with fox news alert. >> gretchen: major cyber security, a series of hacking attacks against the united states. heather joins us live with more. >> reporter: good morning to you. these are the startling findings in a new report that has just been released. the 74-page report says 141 major hacking attempts have been traced back to a secret group that is linked
the discussion on china's increasing cyber attacks on the u.s. from today's "washington journal." >> host: john reed is a foreign policy national security reporter for "foreign policy" magazine. good morning. thanks for being with us. this headline from the new times are good as we, a 60 page report looking at china's role in cybersecurity. if you review the report with the children? >> guest: it was more fascinating piece of evidence, something we've all known has been going on for years and years and years if you been paying attention to cybersecurity. we saw proof that, very strong evidence of leaking of the chinese government to actual theft of intellectual property. you hear a story about defense contractors networks being penetrated by hackers who are in china and then a few years later it looked an awful lot like an american stealth fighter. this is the first time you could see it point at a building in china as a this is a building owned by the chinese government and say this is likely where this is coming from and here's what they're doing and here is what they're stealing. it gave tha
years ago it looked pretty shakey. china camp state park in close when the state park system was battered by state budgetcuts. we have been in triage mode in the last few years in ha in addition to the historical china camp village, the park has some of the best single track mountain bike trails in the bay area, trails the mountain bike team train on. to come and hang out at the park. but concerned citizens of marin raised nearly a million dollars to save china camp from closure, money that was matched by another million dollars from state parks. saturday those fund raising groups signed a partnership with the state park system to formalize that agreement. that matching money, which was part of the undisclosed funds embarassingly discovered nearly two years ago in the state parks budget, will bring enough funding for three marin county parks to stay open for two and a half years. china camp, olompali, and samuel p. taylor. three ago. as welcome as those funds may be, state matching funds will not be available in the future and state park officials realize that partnerships wi
in the last 10 years. >> there talking about u.s. response to a potential cyber attacks from china. earl is on the phone from maryland, independent line. >> i think this problem is not going to be resolved for the simple reason -- i used to tell my children that what you accept is what you teach. americans do the same thing to iran and now want to say the reason why they do it is because of good reasons while others do it for bad reasons. good and bad is relative. because they do it for different reasons other than you, you never look at the principle of what you are doing. a lie is a lie in a matter what good reason you tell a lie for. they learn have to be deceitful like you. guest: the u.s. government is allegedly behind the seven attack in iran that destroyed several thousand nuclear centrifuges a year -- centrifuges a couple years ago. we spy on other governments. we spy on other countries create but we are not using the nsa to spy on chinese businesses. other countries are going to look at our astronauts. -- at our espionage. >> from twitter -- and this op-ed from the commentary se
people, combined i.q. of a couple hundred. anyway, the notion we have a deficit in china is wrong. we actually have a surplus. why? san francisco in july of last year estimated 55% of chinese imports have american content. in other words, offshore. if you take that figure from the chinese figure, up goes the u.s. by 220 billion. a good example of that is apple. iphone and ipod are made in china. however, 66% u.s. content and 3% chinese or which i'm sure is taiwanese. so why are these figures not been taken into account? >> i think this story with all due respect is vastly overblown. ken kramer at you see irvine has been the best research into that. the real issue is not u.s. or china. it's japan and taiwan that they end up getting more value-added. when you look at trade numbers, they trade system when apple sells ip or experts, that's included in the trade system. when we moved apart to china to dissemble, that's an exporter. the whole thing is included as an import. so i do think those numbers are anywhere near as for this you would suggest. >> okay. i think we are going to end this
foreign policy challenges. china during the last couple of days we've seen this report last week. very well regarded confirmed report that has actually traced china's seeber attacks back to a military unit in shanghai, and that is only one part of it according to although experts we've talked to in and outside of government. what should the u.s. do in reaction? >> well, i'm very concerned. i read the report. i've also read our reports classified out of intelligence, and i think the mendient report which is now unclassified, is public, is essentially correct. i think china has to face up to it. i think our government needs to sit down with china forth with, present the evidence to china, ask china for its investigation, and press, press, press. this is going to no good end unless there is some agreement between our two nations and the world committee -- community for an agreement which is enforceable. one of these days there is going to be a huge cyber attack somewhere, and we must prevent that from happening. >> we're not without crisis. how about afghanistan? in the last 24 hours we'v
into a world with fewer opportunities. foxconn is freezing hiring at its china factories. following china's lunar new year holiday, many foxconn employees have returned to work, something the company did not anticipate. many workers remain at home during the holiday break, and factories typically face a worker shortage. no word on when the freeze will end. it's official: office depot has agreed to buy officemax in an all stock deal worth $1.2 billion. it's something that has been rumoured for years as the number two and three chains struggle with declining revenue at retail stores and intensifying competition from staples. following the merger, office depot and officemax will close stores, save on advertising and streamline supply chain efforts. a redesign at yahoo.com: new ceo marissa mayer is putting her stamp on the company with a new look for its home page. it includes content that users may customize and a simpler, streamlined design. yahoo has seen the loss of revenues, and users leaving for competitors, for several years. the main aim of the new design, the first in four years, is
the united states army. he serves the -- the army sends him to china. he wants to see asia. it is not the first time the military service lies to an enlistee -- he does not go. he goes across the street to the marine corps, says, will you send me to china? the sergeant says, we will send you to china. after china, he goes and serves -- he comes back at the age of 20. he has served honorably in all branches of the united states military. there is no air force at the time. comes back and falls in love with a woman in his hometown in montana who says, i will have nothing to do with you until you finish school. he finishes high school and goes on to be a professor of asian history at the university of montana and is elected to the congress of the united states. united states ambassador to japan under president carter and president reagan. when he dies, written on his tombstone at arlington tom at his request, is michael joseph mansfield, born march 16, 1903, died october 5, 2001 -- drive it, united states marine corps. no leader, no and that -- majority leader, ambassador to ja
's the headquarters of unit 61398. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets, america's very infrastructure. >> now our enemies are sabotaging our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers familiar brand names like coca-cola, facebook, "the new york times," on "wash post" and "wall street journal." and only today, apple. the hackers have user names like ugly gorilla and dota. according to this instructional video from mandiant. >> here we see dota logging into one of his operational e-mail accounts. he's used it for spear phishing and generating additional accounts. >> reporter: what is it? how hackers campaign access into a network by sending deceptive e-mails tricking users into clicking on a malicious link to a phony website. once the victims provide passwords, pnc.i.n. numbers, they're in. sometimes for years with no one noticing. >> when these companies are engaging in business with china, they're
boiler. >>> in central china today a truck carrying fireworks exploded. the explosion destroyed parts of an elevated highway. at least five people were killed, eight hospitalized. cars and trucks fell about a hundred feet to the ground. the cause of the explosion is under investigation. >>> and now to the economy. the labor department releases january's employment report this morning. the economy remains sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the country added jobs last month but not enough to buck the unemployment rate from its current 7.8%. >> it's been a slow
's different? we have seen an enormous increase in the u.s. trade deficit, especially with countries like china. today, they happened to release a report that looked at the effect of currency manipulation, perhaps the single most important factor and explain the growth of our trade deficit. eliminating the trade deficit or eliminating currency manipulation could reduce the trade as a by roughly $190-$490 billion. doing this would increase manufacturing employment by up to 1 million jobs. that's a big downpayments in the whole we have created in manufacturing and employment. one thing we need to do is create demand. that is what we did do but we did not do that in the last decade. we need to shift the demand to domestic produced goods resulting in the hiring of domestic workers. manufacturing jobs are amongst the best for workers especially for those without a college degree. high wages, good benefits. >> bruce, you worked in washington, d.c., and brookings is right off dupont. >> i am mostly on a plane. >> industrial policy is a dirty word. if you go to any other domestic place, it will land yo
a hobby. >> host: you have some of that in the book. taking it to china taking it to palestine, how did you write a play, go through all you had to go through three different governments to do and what it and what was the reception and most respected areas? >> guest: in china one of my former students was there so that was the accident. i had visited her and she was fluent in chinese. she was there for a long period of time and she had seen danny glover before. i had written a script at that time. he read the script and she said well look, why can't we do this in china? it would really be a great impact to bring king. so the national leader of china. >> host: what year is this? >> guest: this was 2007 and we performed it in the theater less than two miles from tiananmen square. >> host: in chinese? >> guest: in chinese. we were performing the birmingham protests with the chinese martin luther king and all of this is taking place before packed audiences within walking distance of tiananmen square. so translating king's legacy and ringing a gospel choir you know -- and i have actually thr
the south china sea to the eastern mediterranean to keep the world's energy market stable. now this has been helped quite significantly by the increase in our own domestic production. it's no accident that is as the iranian oil has gone off-line because of our sanctions other sources have come on line so iran cannot in a fit from increased prices. then there is human rights and our support for democracy and the rule of law. levers of power and values we cannot afford to ignore. in the last century the united states where it led the world in recognizing universal rights exist and that governments are obligated to protect them. now we have placed ourselves at the frontline of today's emerging battle like the fight to defend the human rights of the lgbt communities around the world and religious minorities wherever and whoever they are. but it not a coincidence that virtually every country that threatens regional and global peace is a place where human rights are in peril or the rule of law as we. more specifically places where women and girls are treated as second-class marginal human beings.
in the pits of the cme. what is going on? phil: it was all about china. a lot of the big buyers in china have beehas been slowing down oe purchases, but we have seen a lot more gone. 2000 contracts set aside almost immediately, lot of talk hedge fund getting out are in trouble, but also some talk about iran. the big troubles over the u.n. plus germany on top of the five security council members supposedly getting ready to make an offer to iran on the nuclear problem they just can't refuse. another reason we see the prices go down. also seeing the price of gasoline, everybody talking about how it has gone up every day. wwe're down about $0.07 per gallon, almost $0.08 per gallon, some major rework on gasoline. you also look at gold and silver, gold prices with a lot of liquidation in gold and silver down $0.79 right now. nobody wants medals right now. at a five-year high, that is downward pressure on metal. little more confident about global stock market, not as confident in the middle playwrights now. ashley: a lot of news and a lot of action. thank you so much. tracy: so what would you do if
. >>brian: countries like russia and china are ramping up their pheults. we are gutting -- -- ramping up their militaries. we are gutting ours. are we putting our military are we putting our military at risk? oh! progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower and class-leading 38 mpg highway... advanced headlights... and zero gravity seats? yeah, that would be cool. introducing the completely reimagined nissan altima. it's our most innovative altima ever. nissan. innovation that excites. ♪ >>brian: let me tell you what's happening in sports. lebron james making history against the lakers. ep set a heat record by scoring at least 30 points five games in a row. he's been unbelievable. lebron became the third player with at least 30 points and 60% shooting in five straight games. anyone else on that team? the heat won 107-97. they won five in a ro
to resolve energy disputes from the south china sea to the eastern mediterranean to keep the world's energy market stable. now this has been helped quite significantly by the increase in their own domestic production. it's no accident that is iranian oil has gone off-line because of our sanctions other sources have come on line so iran cannot and if it from increased prices. then there is human rights and our support for democracy and the rule of law, levers of power and values we cannot afford to ignore. in the last century the united states led the world in recognizing that universal rights exist and that governments are obligated to protect them. now we have placed ourselves at the front lines of today's emerging battles like the fight to defend the human rights of the lgbt communities around the world and religious minorities wherever and whoever they are. but it's not a coincidence that virtually every country that threatens regional and global peace is a place where human rights are in peril or the rule of law is weak. more specifically, places where women and girls are treated as sec
china or india or brazil, then we need to be look at those areas. >> we need in the gas. i wish he would tell the epa that. rich, what about the argument that rick made, which is we're always hearing about government being the pioneer, that government is the seed capital for innovation. is that true? >> he makes half a point, you know. but the structure is all wrong. if you look -- so many of the examples that rick talked about, chiefly the internet came through military r and d. military r and d -- al gore. military r and d works because there is a sense of urgency. there is an exist tensionial threat. the actual development of the companies, when john f. kennedy said we're going to put a man on the moon by the end of the 1960, the reason that we were able to do so and leap ahead of the soviet union is because of the semiconductor companies in silicon valley. yeah, the military bought a lot of semiconductor tips during that period. but guess what? these were privately funded companies and they had p and l's they had to worry about. that's the key difference between these green technolog
and responsibility? or should perhaps be beijing? what is china doing? >> that's right. we have outsourced that to china. we have said, china provides 75% of the north korea's food, fuel oil, heating fuel. let the chinese deal with it. and the chinese have not. they maybe make a statement or two, north korea, shouldn't do this. but they have not stopped north korea. in fact we've seen this week, china is feeling so emboldened it is hacking into every computer in north america. bill: there is a statement also, as the saying this from north korea. as the saying goes a newborn puppy knows no fear of a tying. i read two things into that. either a new leader, kim jong-un or more of a statement, almost as, maybe a poetic language to say we are the newborn puppy as a nuclear power, that the world now has to address. your view? >> it could go either way. could be the newborn puppy is the new young leader of north korea. doesn't know any fear. doesn't know any bounds. it could be we, north korea, we're the tiger. we got the nukes. you guys should fear us. the problem this is heating up to a boil. i
to strike back at china following a series of cyber attacks targeting the u.s. government and corporate secrets. officials say the obama administration is considering fines, penalties, and trade restrictions. a virginia-based cyber security firm discovered a secret chinese military unit behind years of u.s. cyber attacks. china has denied any involvement and claims it's been a victim of hacking, too, by the u.s. >>> and apple was the target of a hacking attack at the company's california headquarters. apple says mall ware infected a small number of its mac computers used by employees. the company says the mall ware got on the macs through a website for software developers by exploiting a security flaw in the browser. apple says it was similar to an attack on facebook earlier this week. >>> bp won't pay penalties for all of the more than 200 million gallons of oil that spilled back in 2010. the u.s. government agreed not to fine bp for 34 million gallons the company captured before entering the gulf. fines for all the rest of the oil will be in the billions. >> sony
the nasdaq added 21. the white house revealed how it's going to strike back at china following cyber attacks. they say the obama administration is considering fines, penalties, and trade restrictions. a virginia-based cyber security firm discovered a secret chinese military unit behind years of cyber attacks. china has denied any involvement and claims it's been a victim of hacking, too, by the u.s. and target was attacked by a cyber attack. the company says the mall ware got on the macs through a website for software developers by exploiting a security flaw in the browser. apple says it was similar too an attack on facebook earlier this week. >>> bp won't pay penalties for all of the more than 200 million gallons of oil that spilled back in 2010. the u.s. government agreed not to fine them for 34 million gallons they captured before entering the gulf. fines for all the rest of the oil will be in the billions. >> sony is expected to reveal details about its much anticipated gaming console today. execs will announce the gaming station that was released six years ago. sony competes with micros
by europe at large or china somehow swallowing up every bit of innovation that exists in the world. they are no longer worried about our economy being overwhelmed beyond our shores. there is very little doubt in any circles about america's ability to be in a position to lead the world in the 21st century. not only in terms of foreign policy, but economically. the american people are ready to get up as a civil-rights leader. the american people are tired of being tired. they're ready to get up and move. we are in a good position to lead the world. that is why i think they're so frustrated by what they see and what they don't see here in washington. their frustration is turning into anger. i found an interesting dynamic. whether it was a democrat or republican governor i heard from several of you how do you deal with this? how do you deal with the congress. no distinction, but how you deal with this? you deal with legislatures that are split. you represent a minority party. you get on very well. the accomplish things in your home state. that is the way it used to work and we can mak
collar workers, i mean unions as far as industrial are pretty much dead. you move your plants to china and mexico. host: patrick rice, your response to what he had to say. guest: if he's arguing we're on the brink of a social revolution, it would seem to me that, i can't see in the future and i don't want to say he's wrong, but we've been endured tougher economic situations in the past without peel launching a full-scale revolution. now if he's saying that we're looking at an economic downturn, i think there are a lot of economists who agree. we could be seeing an economy where essentially the wealth disparity rises. we have a smaller group who are taking home a lot of benefits of the economy and a very large group who are seeing very little of it. that's something a lot of economists are worried about. and so, i think the question going forward will be is that something that the federal combovement wants to address, -- is that something the federal government wants to address. or is it the dominant, american philosophy that the economy will play out as it may, they end up where they e
and entertainment. we have a exhibit that will talk about one of china's largest new year's eve parade. this will be on display with te10 life-size figures. 8000 warriors'-- there's only one general that has been discovered. this legacy is on view starting this week through may 27th. the tickets are $20 for weekdays and 224 weekdays. children 12 and under arare $24. the >> this is a crowd favorite. people love to come on to see the dragon. this parade celebrates the year of the snake will be on saturday at 5:15 p.m.. this will be at second and market street. the entire event may get more crowded as you get closer to chinatown. bleacher tickets are sold out. for those of you who have a green thumb they have expo of eastern and western cultures. growers all levels are welcome to attend. this exposition runs friday through sunday at the fort mason center. it costs to $13 online or $50 at the door. the singers can pay $10 on line or $12 at the door. >> this was this week's arts and entertainment news. >> coming up on kron 4 news weekend we have had a rash of car break-ins and it is prompti
that would put on them in terms of trade as, we're trying to hold china down. now that we've got to the top, were trying to hamstring the more tied them up with a not of rules -- them or tie them up with a not of rules -- knot of rules. >> tonight at eight o'clock on c-span's q&a. >> next, secretary of state john kerry delivers his first speech about challenges in us foreign policy. the calls on congress to avoid the automatic spending cuts that could jeopardize more than $2 billion in foreign aid, security assistance, and international programs. this is just under an hour. [applause] >> thank you very much. thank you so much. hello, uva. it is great to be back on the grounds. i want to say to president sullivan what a treat it is to be here with you. thank you for hosting this great occasion. to my friend robert hurt, served with him in state government and now we travel to washington together. i look forward to good work together, especially if on this occasion to introduce secretary kerry and to introduce uva to the secretary. as i walked onto the stage i had a memory. on this stage with
with antibiotics from china. sales could drop 25% this quarter. >> no more conference calls in your pjs. melissa meyer said all employees who work remotely have to come in to the office by june. we need to be physically together. department chain's macy's and j.c. penney will duke it out in court who has the right to sell martha stewart's branded bruise. amazon will jump start its streaming video service. creators will get $10,000 for an option and a share of the royalties if there show is produced. oscar nominee helen hunt wore a strapless gown from h and m. straight ahead, sword swallowing in the big apple for a good state. ohio state takes on michigan state as march madness gets closer. you're watching "early today." >>> now to some stories that caught our eye this morning. we begin in california with a major melee between college baseball teams. fists began flying after one player was tagged out and shoved by an opposing player. the bench-clearing brawl between sacramento state and u.c. riverside led to three player ejections. >>> in chicago, police arrested at least 20 people after rowdy te
else rules 1 billion people, other than the heads of china and india? >> reporter: he's considered one of the greatest living theologian. always more comfortable with books than with crowds. that's where he will return. benedict will disappear from public view, dedicating himself entirely to prayer and meditation. >> he was not a great administrator. he was a teacher. he was a german professor. he was a man, an intellect on the level of one of the greats like hagel or plato. >> that was abc's nick schifrin in rome. after benedict says good-bye to the church's cardinals, he flies by helicopter to the papal retreat. he will offer a blessing from the balcony and then shut the door. in his own words, benedict will be hidden for the rest of his life. >>> and it is a very busy morning in rome. and our friends at "gma" are planning complete coverage of this historic day. keep it right here on abc news. >>> our other major story, is massive budget cuts set to begin in less than 24 hour ps. after weeks of warnings, president obama softened his tone about the cuts. instead of a fiscal cliff, the
on a bridge in central china. the blast caused a 260-foot part of the overpass to collapse, sending several cars over the edge. state-run china national radio says there could be as many as 26 fatalities. >>> a scare in the air after a pilot actually passes out in the cockpit. the alaska airlines flight from los angeles to seattle had to be diverted to portland after it happened. the first officer was at the controls as flight 473 landed safely last night. once on the ground, emts boarded to attend to the pilot. the captain unable to taxi the plane to the gate, the aircraft had to be towed it instead. >>> this is a scary case of who is flying the plane. a dutch airline is investigating after the pilot of a 737 was locked out of the cockpit and couldn't get back in because the copilot was asleep at the controls. >> oh, my goodness. >> this happened in september. the plane did land safely in amsterdam. crazy. >> crazy. >>> if there is a list of things not to do when in police custody, this should be on that list. a woman in ohio kicking out the window of a police cruiser. crazy. giving office
scale. there's new pressure for president obama to retaliate against china after reports say the chinese army has been behind a series of cyber attacks on the u.s. the white house is reporting considering fines and other trade penalties. china denies any involvement, but hacking, those stories are big today. back to you, nicole, you're watching google the day after it it broke above 800, where is it? >> yeah, hey, well, let's talk about google, right? hey, i was checking on it, 8.07 was the high and new hundred level and he's he shouting his opening trades and you can see it above the 800 mark at 805, a good one. stuart: and it broke above 800 on our air as of this time yesterday. nicole, yahoo! what's with it, a new look or something, what's that? >> a new look and the stock is up about 1/2 a percent for yahoo! and that's one that we'll watch as the new look as well on their site. so, keep an eye on that one as well. when i think about google though, i have to double-check, but when that initial public offering happened, i think it was like $84 or something. stuart: yes. >> and it's at
. and this is not a james bond in a tuxedo. this is someone in china hacking their way into a company and stealing any information that company has this of value or into a research lab. this is a pandemic. it's a quiet pandemic but it's a pandemic. billions of dollars in the intelligence estimate says $300 billion is what it costs the united states. they lost research and development. that means lost jobs. you can't be an american company and compete against a chinese company if all the money that you pay for r&d they get for nothing. they get all of your r&d for nothing. whether it is taxpayers' money or stockholders' money that pays for that r&d come they wait until it is done and then they use it to compete against us. the third issue that's called cyber is something called cyber war and that thankfully hasn't happened very much but it's been demonstrated that it could happen. what does that mean? instead of blowing something up with a bomb or a missile you blow it up with a cyber command. not science fiction. it's been demonstrated. in fact the united states did it to iran opening of 800 nuclear c
that with the plants. he will put it here in the united states or china. i want to thank you. host: thank you for your call. next is robert, clinton, maryland on our line for democrats. caller: i do not mean to put anybody down. one thing about conservatives is they never quit. no matter what happens, they do not change. the economy could have been worse if president obama had not initiated the stimulants -- stimulus to help save the economy. we were in a tailspin. republicans he stored the economy. this man comes along and side decides to save it. they are still fighting him. that sequestration deal -- this will completely destroy the economy. we need to spend money to exist. in the u.s., you just cannot stop spending money. if you do, it will be the end of us. these people are haters. they are not going to change the way they think. thank god there are enough people in this country who think progressively. maybe we can turn this economy around and help america. have a nice day. host: robert brings up the sequestration. we will talk about that later with ray locker of "usa today." he will talk about
"the post," the headline is specifically looking at china. "chinese companies invested $6.5 billion in the united states last year. that's a record, and a 17% increase over the prior year. but that's also about the same amount invested in the united states by spain." secretary of state hillary clinton and her performance over the last four years. giving you an opportunity to assess how she did in the position. lawrence in st. paul, an abandoned line. caller -- independent line. caller: i think she has done an admirable job to i would not assess how well she did based on how many miles to travel. but here is what bothers me -- the cheerleading think versus effectiveness. i am not saying she wasn't effective, but i think that condoleezza rice was one of the most idynamic individuals to evr serve. she was admirable to me. she was great. she is articulate, very well educated, did some wonderful things, knew how to handle the power of male egos. but the press would not give her the same accolades, the general media would not give for this and accolades, not because she was competent, but
. >> the communism of china is basically communism in name only two preserve the power of the members of the communist party, but it has now become a capitalist haven. communism now, they talk it great length about marxism, but it is all about preserving the parties power economically as the country continues to grow. in north korea, it is all about preserving the power of the military and the dynasty there. it has nothing to do with what karl marx envisioned. someone can do a fascinating book of how communism when it moved into asia diverged into something different than the communism that appeared in europe and eastern european countries. >> former washington post correspondent and harvard fellow keith richburg on 30 years of reporting and insight from around the world sunday at 8 p.m. on c-span's q&a. >> "washington, journal -- washington journal" continues. host: megan hughes works for bloomberg news. we are talking about the sequester. you can see this highlighted -- nine days until the automatic spending cuts go into affect. megan hughes, is the debate how to stop the sequester,
. a recent analysis shows china has announced surpassed. the united states is the world's largest trading nation. furthermore, the risk of international currency war at least appears to me is rising which could push the u.s. back into a recession or worse. statements by the u.s. political leaders and international conferences on the policy are not enough to be without a clear policy and a coherent strategy to advanced policy, the international monetary system will continue to be addressed. our future economic competitiveness depends upon the united states leading efforts to establish a fair, stable and transparent financial and currency system based on market principles. i look forward to hearing your views about these important matters before the treasury and the plan of action if you are to be confirmed in addition i understand you've worked as a managing director and chief operating officer in the two units of citigroup but it is unclear what you're exact role and responsibilities were. it makes legal and financial activities we know little about your knowledge of the activities and pr
and if we do not take it, it is going to china. whatever you do, it is irrelevant. >> that would be compelling if it were true. first, thank you for having me on the show. two pipelines have been proposed to go out to the wet coast. both have been put on hold. two pipelines have been put to go to the east coast. neither of them are moving forward. it is also true that if we want to have a shot at stabilizing greenhouse gas emissions, we cannot be investing in the dirtiest fuel source on the planet. it does not make any sense. stuart: you think that by stopping in any way, shape or form, you think that will make a significant difference to the temperature of the planet. can you make that case? >> last year we had record droughts. record wildfires. massive super storms. record temperature increases. we have to do something. stuart: is this a position of the sierra club, that superstorm sandy and other storms recently is the direct result of a global warming and carbon emissions? >> that is the position of most climate scientists. what they are saying is that our storms are becoming
also use these powers and expand these powers. when you borrow money from china and you say i can come in your home and take you out of your home and i can detain you forever in the united states without a trial or a hearing. and another thing -- host: i will leave it there so we can get some more voices. first, here's what the white house press secretary jay carney had to say about it. [video clip] >> we have a knowledge that sometimes we use will be powered aircraft to conduct targeted strikes against pacific al qaeda terrorists in order to prevent attacks on united states and to save american lives. we conduct those strikes because they are necessary to mitigate ongoing actual perhaps, to stop plots, prevent future attacks, and save american lives. these strikes are legal, ethical, and wise. the u.s. government takes great care in deciding to pursue an outside a terrorist and to avoid loss of innocent american life. host: the white house justification for using drone strikes overseas to kill u.s. citizens. the drone program in general up for debate in washington. carl is in west vir
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